Overview
What is Aspire Community Housing And Economic Development Organization Inc?
Aspire Community Housing And Economic Development Organization Inc, headquartered in Riverside, California, is a dedicated nonprofit entity. Their mission is to foster stable and lively communities by offering and/or constructing affordable housing options for low-income families, veterans, seniors, and individuals with unique needs within the Inland Empire region of Southern California. To achieve this goal, they maintain stable rent prices for market units and ensure affordable living costs for units catering to households within the area's Area Median Income limits.
Official website here: www.aspirehousing.org
Is Aspire Community Housing And Economic Development Organization Inc legitimate?
Aspire Community Housing And Economic Development Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aspire Community Housing And Economic Development Organization Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.aspirehousing.org
What is the mission statement of Aspire Community Housing And Economic Development Organization Inc?
Aspire Community Housing And Economic Development Organization Inc's mission is centered around creating stable and vibrant communities. They accomplish this by developing and providing affordable housing opportunities for low- and moderate-income families, veterans, seniors, and individuals with special needs, specifically in the Inland Empire region of Southern California. This organization's mission aims to enhance community living by providing affordable housing options for these groups, thereby contributing to the overall well-being and vitality of the communities they serve. In addition to housing, Aspire also focuses on maintaining stable rents for market units and ensuring affordable rent levels for units designated for lower-income families, as per the Area Median Income (AMI) allowable rent levels.
Official website here: www.aspirehousing.org
What is the revenue of Aspire Community Housing And Economic Development Organization Inc?
Aspire Community Housing And Economic Development Organization Inc's revenue in 2024 was $562,696.
Official website here: www.aspirehousing.org
Who are the executives of Aspire Community Housing And Economic Development Organization Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.aspirehousing.org
Where can I find the form 990 for Aspire Community Housing And Economic Development Organization Inc?
Aspire Community Housing And Economic Development Organization Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.aspirehousing.org
Learn more at the official website: www.aspirehousing.org
Mission Statement of Aspire Community Housing And Economic Development Organization Inc
Aspire Community Housing and Economic Development Organization Inc is committed to establishing stable and lively communities by offering or developing affordable housing options for low-income families, veterans, seniors, and individuals with special needs in Southern California's Inland Empire region. The organization's mission is to create an environment that fosters prosperity and security for these vulnerable groups, ensuring they have access to safe and affordable housing. By focusing on this sector, Aspire Community Housing and Economic Development Organization Inc aims to contribute to the overall well-being of its community members, promoting the growth and development of the area as a whole.
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Impact
October, 2024
Aspire Community Housing and Economic Development Organization Inc is dedicated to creating stable and vibrant communities through the development and provision of affordable housing. Its efforts particularly focus on low- and moderate-income families, veterans, seniors, and individuals with special needs in the Inland Empire region of Southern California.
By stabilizing rents for both market-rate units and affordable housing, Aspire ensures that residents have access to housing that fits their financial capabilities. This approach not only provides immediate relief to those in need but also contributes to the long-term vitality of the community. The development of affordable housing opportunities fosters a supportive environment, promoting social cohesion and enhancing the quality of life for residents across diverse backgrounds. Through these initiatives, Aspire plays a crucial role in addressing housing insecurity and promoting economic development in Riverside and the surrounding areas.
This information is meant to be a general summary of Aspire Community Housing And Economic Development Organization Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Program Service Revenue: $557,003
- Gross Receipts: $562,696
Assets and Liabilities:
- Total Assets: $5,084,326
- Total Liabilities: $5,546,139
- Net Assets: -$461,813
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$557,003
Organization Details
Founding Year
2009
Principal Officer
Dom Betro
Website
www.aspirehousing.orgNTEE Category
Code: L20 - Housing
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